Enda Kenny (Mayo, Fine Gael) | Oireachtas source

I share the Deputy's view about contrition being required from the financial sector in general. A number of persons in this country have had charges placed against them in respect of their activities in the financial sector. The law will take its course, whatever that might be.

I would prefer if a discussion of that kind were to take place at a more local level, at the Cabinet sub-committee, which will have a broader remit in respect of banking. If there were a row, or a very competitive discussion between the private and the public sectors at an IFSC clearing house group, chaired by the Secretary General of the Department of the Taoiseach, it might not be so very beneficial. However, I share the Deputy's view of some of the truly extraordinary salaries and arrangements, both internationally and at home.

I outlined the five working groups. I do not believe they sat down and discussed salaries and pensions. I read out what their remit is, as working groups. When the minutes of the IFSC clearing house group are published on the website they will reflect what the groups have fed into the entire group for decisions at plenary session. I will take note of what the Deputy observed.

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